gst rate on sale of scrap

[Guest]

sir,

please provide me gst rate on sale of scrap

1) sale of scrap of steel and iron

2) sale of aluminium

3) sale of waste wood

4) sale of debris, demolished destructive material at construction site. exclude iron and steel

and also describe provision on tds on sale of scrap under gst

AI Summary

GST Rates for Scrap Materials: Steel/Iron 18% (HSN 7204), Aluminum 18% (HSN 7602), Wood 5% (HSN 4401). A discussion on a forum centered around the Goods and Services Tax (GST) rates applicable to the sale of various types of scrap materials. The GST rate for scrap of steel and iron is 18% under HSN code 7204, for aluminum scrap it is 18% under HSN code 7602 (corrected from 6702), and for waste wood, it is 5% under HSN code 4401. Participants also discussed the need for accuracy in providing HSN codes and queried about rates for other scrap materials like cables, switchgear, used oil, and vehicle scraps. There was also a query regarding the deduction of TCS on values inclusive of GST.